Question

The 2024 iteration of this country’s annual shuntō negotiations resulted in an average wage increase of over 5%, amidst rising fuel and raw material costs. For 10 points each:
[10e] Name this country, where Prime Minister Fumio Kishida encouraged companies to dramatically hike wages as part of his “new capitalism” initiative intended to combat deflation.
ANSWER: Japan [or Nihon-koku or Nippon-koku]
[10m] After the wage increase, the Bank of Japan set a positive value for this metric, in which banks pay to store reserves. In 2014, the European Central Bank broke this metric’s zero lower bound by repricing short-term incentives.
ANSWER: interest rates [accept deposit facility rates]
[10h] The Bank of Japan also ended a policy “controlling” this benchmark, wherein it bought Japanese bonds. Some economists claim that the ongoing inversion of this benchmark’s 2/10 variation in the USA is a recession warning.
ANSWER: yield curve [accept yield curve control]
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Summary

2024 ACF Fall at Ohio StatefallY220.00100%50%50%
2024 ACF Fall at WashingtonfallY120.00100%100%0%
2024 ACF Fall at GeorgiafallY120.00100%100%0%
2024 ACF Fall at North CarolinafallY320.0067%100%33%
2024 ACF Fall at IllinoisfallY1019.00100%70%20%

Data

Appalachian State AUNC B0101020
Appalachian State ATusculum10101030
Appalachian State ATusculum1010020
Appalachian State AUNC B010010
Appalachian State AUNC B0101020
Appalachian State ATusculum10101030
Appalachian State ATusculum1010020
Appalachian State AUNC B010010
Liberty AVirginia Tech A1010020